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Earnings (Loss) Per Share
9 Months Ended
Oct. 01, 2023
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
Net earnings (loss) per share data for the quarters and nine months ended October 1, 2023 and September 25, 2022 were computed as follows:
20232022
QuarterBasicDilutedBasicDiluted
Net (loss) earnings attributable to Hasbro, Inc.$(171.1)(171.1)$129.2 129.2 
Average shares outstanding138.8 138.8 138.3 138.3 
Effect of dilutive securities:
Options and other share-based awards— — — 0.2 
Equivalent Shares$138.8 138.8 $138.3 138.5 
Net (loss) earnings attributable to Hasbro, Inc. per common share$(1.23)(1.23)$0.93 0.93 
20232022
Nine Months
BasicDilutedBasicDiluted
Net (loss) earnings attributable to Hasbro, Inc.$(428.2)(428.2)$332.4 332.4 
Average shares outstanding138.7 138.7 138.9 138.9 
Effect of dilutive securities:
Options and other share-based awards— — — 0.2 
Equivalent Shares$138.7 138.7 $138.9 139.1 
Net (loss) earnings attributable to Hasbro, Inc. per common share$(3.09)(3.09)$2.39 2.39 
For the quarter and nine months ended October 1, 2023, options and restricted stock units totaling 2.1 million and 2.5 million, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. For the quarter and nine months ended September 25, 2022, options and restricted stock units totaling 2.9 million and 2.8 million, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. Of the fiscal 2023 amount, 1.9 million and 1.7 million shares, respectively, would have been included in the calculation of diluted shares had the Company not had a net loss for the quarter and nine months ended October 1, 2023. Assuming that these awards and options were included, under the treasury stock method, they would have resulted in an additional 0.4 million and 0.2 million shares, respectively, being included in the diluted earnings per share calculation for the quarter and nine months ended October 1, 2023